Manulife Financial Corp. (NYSE:MFC)

Q:Hi Brian,
I was wondering if you woulfd be so kind to give me your thoughts on this manulife stock & how it will do in the shorterm 1-3 yeasrs.
Thanks so much.
Stephanie
A: Hi Stephanie,
Thanks for your question. I've attached a chart that shows all of the calls made by SmarTrend on Manulife financial during the last year. It looks like SmarTrend called a Downtrend on MFC on July 7 at $20.81, and has since returned 6.56%. The stock will remain in an Downtrend until our technical indicators detect that it has crossed a threshold and begun an Uptrend. SmarTrend users take active trading strategies, so a one to three year outlook will not be reflected by our system. If you would like to be automatically alerted when the stock enters an Uptrend, you can get a free trial at www.MySmarTrend.com. You can also sign up for our free newsletter and check out our community section to gain more insight on technical analysis and where the market is headed.